Thursday, May 23, 2019

India's Gold Reserves As of March 31st 2019: 612 MT

MORE THAN HALF OF INDIA'S WEALTH WITH FOREIGNERS,SOME FROM 1991 AND 2009!

India's Gold Reserves As of March 31st 2019: 612 MT,with 320.26 tonnes being held overseas in safe custody[???!] with the Bank of England and the Bank for International Settlements, while the remaining gold is held domestically.
$257 Billion out of $ 407 in Foreign Currencies is in US Treasuries!
  This shows the major portion of India's wealth is NOT used for India but the USA and the like.